Which Statement Is True

question 15

Multiple Choice

Which statement is true?

• A)Longitudinal data are a type of time series datA.
• B)Panel data are a type of longitudinal datA.
• C)Pooled cross sectional data are a type of panel datA.
• D)Prospective cohort data are a type of pooled cross sectional datA.

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Definitions:

Lessors Firm

A company that leases assets or property to another party, known as the lessee, under a contractual agreement.

CRA

Stands for the Canada Revenue Agency, which is responsible for administering tax laws for the Canadian government and for various provinces and territories.

Tax Purposes

Pertains to considerations or activities related to the calculation and payment of taxes to regulatory authorities.

Business Purposes

Business purposes refer to the intentions or objectives for which a company or an organization is established and operated, such as profit generation, market expansion, or product development.